Ventiv Policy - 2026 Pricing, Features, Reviews & Alternatives

Ventiv Policy automates labor-intensive underwriting processes, streamlines access to information, and delivers information to executives, underwriters, and agents/insured. It tracks all lines of business for all states, automates rating and allocation, quoting, renewals, endorsements, certificates, invoicing, reporting, policy issuance. This solution includes business rules, underwriter workbench, customer relationship management, and a fully configurable Member/Agent Portal. Ventiv Policy helps reduce costs and improve service to agents and insureds by eliminating manual data entry and duplicative efforts. An intuitive, responsive user experience renders on any device and provides single-click access to data and tools. The configurable user interface streamlines workflows by creating an across-the-board policy administration process from quote generation to new-policy issuance.

Standard features of Ventiv policy include Policy Management, Renewal Processing, Multi New Business Quotes, Endorsement Processing, Exposure Tracking, Out-of-Sequence Endorsements, Premium Management, Personalized Rating, Bulk Processing: ExMod/Loss Ratio, Lookup Table Management, Import Rate Management, Diary, Underwriter Workbench, Configurable email communication, Loss Control tracking: Site Visits, Recommendations, configurable survey/questionnaires, Reinsurance tracking, Certificate Issuance, configurable underwriting questionnaires, Ad-hoc reporting and standard KPI’s for process/workflow, loss ratios assets, concentrated risk, and premium.

Ventiv Policy has standard asset benchmarking reports to assess premium leakage, Deductible Analytics that analyzes loss history to optimize insureds deductible selection by line of coverage, standard five year loss ratio KPI’s and ability to assess premium impact of rate change during renewal.

The Ventiv Policy Portal is a fully integrated insured/agent policy administration system. Designed for the risk management industry and automates essential administrative tasks. The Policy Portal serves as an intermediary between insureds and agents and the underwriter. The Policy Portal gives insureds and agents the option of administering—in real time and from any device—their policies for new business, renewals, and mid-year changes. This includes full exposure management, completion of reflexive underwriting questionnaires and certificate of insurance self-service.

VENTIV Policy provides user security based on roles and permissions, which is user maintainable. All system users are identified and associated to specific role(s), which define their access and update capability for both data entry and execution of processes. VENTIV Policy is delivered with standard roles and permissions, which can be changed to meet the specific business processes of the program. Various types of permissions are granted such as view only, edit, add, delete and execute to the various areas within the application. The policy solution also leverages Keycloak for single sign on and multi-factor authentication.

Ventiv Policy is available as an on premise solution or as a SaaS offering hosting in Ventiv’s private datacenter.

Ventiv Policy’s user interface is build in HTML5 and fully support responsive design, application code is .net/C# and supports Microsoft SQL.